Tax Laws Amendment (Tax Incentives for Innovation) Act 2016 (54 of 2016)

Schedule 2   Venture capital investment

Part 6   Foreign venture capital funds of funds

Income Tax Assessment Act 1997

51   Subsection 995-1(1)

Insert:

widely held entity has the meaning given by subsection 842-230(2).

widely held foreign venture capital fund of funds has the meaning given by subsection 118-420(6).